Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
'A slap in the face:' Goya faces boycott over Trump praise
NEW YORK (AP) — The CEO of food company Goya is facing an uproar over his praise for President Donald Trump, with some Latino families purging their pantries of the products and scrambling to find alternatives to t…
The Latest: Pennsylvania logs 1,000-plus cases in one day
HARRISBURG, Pa. — Confirmed coronavirus infections in Pennsylvania hit over 1,000 on Friday in the state's highest one-day mark since May, with state health officials blaming the rising numbers on crowded bars and …
Video game pals admit to plot to firebomb Nebraska pharmacy
ALEXANDRIA, Va. (AP) — A pharmacist and a drug abuser who met while playing online video games pleaded guilty Friday to federal charges after they plotted to firebomb a Nebraska pharmacy to benefit their own online…
Wall Street rallies as optimism returns to cap erratic week
NEW YORK (AP) — Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy’s recent upswing.
How major US stock indexes fared Friday
Stocks closed broadly higher on Wall Street Friday as the S&P 500 notched its third weekly gain in the last four.
Gilead Sciences, Matson rise; WD-40, Eli Lilly fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Fiat Chrysler recall: Steering wheel part can be projectile
DETROIT (AP) — Fiat Chrysler is recalling more than 1.2 million older minivans and SUVs worldwide because plastic emblems on the steering wheels can loosen and become projectiles if the driver’s air bag is inflated…
Man admits damaging computer, causing PPE delivery delay
ATLANTA (AP) — A former employee of a medical device packaging company has pleaded guilty to damaging a computer belonging to his former employer, which prosecutors said caused a delay in the delivery of personal p…
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by sellin…
Cyprus: US military training won't harm Russia, China ties
NICOSIA, Cyprus (AP) — Cyprus’ government said Friday that a U.S. decision to provide education and training to the island nation’s armed forces won’t hamper relations with either Russia or China.
US bets on untested company to deliver COVID-19 vaccine
When precious vats of COVID-19 vaccine are finally ready, jabbing the lifesaving solution into the arms of Americans will require hundreds of millions of injections.
Libyan oil company resumes exports after months of blockade
CAIRO (AP) — Libya’s national oil company announced Friday it has resumed crude exports, ending a months-long blockade that eastern tribes had called to protest revenue distribution in the war-torn country.
The Latest: Trump swipes at China for virus, trade deal
MIAMI — President Donald Trump suggested work on the second phase of a U.S.-China trade deal has become a low priority, saying the two nation’s relationship has been “severely damaged” by Beijing’s handling of the …
In heated political moment, Goya latest company to get stung
SILVER SPRING, Md. (AP) — The supercharged U.S. political landscape has grown potentially more perilous for companies ahead of the 2020 presidential election as Goya, a food company with a tremendously loyal follow…
Most stocks drift higher on Wall Street; tech a rare downer
NEW YORK (AP) — Most of Wall Street is drifting higher Friday, though a rare pullback for some of the year's biggest winners in the stock market is tamping down the gains.